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27.1.2021, 13:19 · Oslo Børs
ARR: ARRIBATEC COMPLETES IB ACQUISITION
OSE NOTIFICATION
ARRIBATEC COMPLETES IB ACQUISITION
(Oslo, Norway, 27 January 2021) A subsidiary of Arribatec Solutions ASA (OSE:
ARR, Arribatec) has completed the acquisition of IB Marine Group, a leading
international provider of cloud-based Enterprise Asset Management (EAM)
solutions within the maritime sectors.
Reference is made to the stock exchange notifications 18 November 2020 and 11
January 2021 regarding an option to acquire IB Marine Group. The acquisition has
now been completed.
In connection with the acquisition of IB Marine Group, Arribatec has also
entered into an agreement regarding a private placement of 2.2 million Arribatec
shares at NOK 2.20 per share towards Giampiero Soncini, Chief Executive Officer
of IB Marine Group. The investment is subject to a three-year lock-up.
ENDS
For additional information, please contact:
Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378
About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a
customer centric engagement model, combined with a deep system, integration and
domain competence, Arribatec builds long term strategic partnership with a broad
customer base. Arribatec serves more than 450 large entities spread over 25
countries and various industries, both in the private and public sector. The
company employs over 300 people, taken announced acquisition into account, with
offices in 13 countries and is listed on the Oslo Stock Exchange under the
ticker code ARR.
https://newsweb.oslobors.no/message/523232
ARR: ARRIBATEC COMPLETES IB ACQUISITION
OSE NOTIFICATION
ARRIBATEC COMPLETES IB ACQUISITION
(Oslo, Norway, 27 January 2021) A subsidiary of Arribatec Solutions ASA (OSE:
ARR, Arribatec) has completed the acquisition of IB Marine Group, a leading
international provider of cloud-based Enterprise Asset Management (EAM)
solutions within the maritime sectors.
Reference is made to the stock exchange notifications 18 November 2020 and 11
January 2021 regarding an option to acquire IB Marine Group. The acquisition has
now been completed.
In connection with the acquisition of IB Marine Group, Arribatec has also
entered into an agreement regarding a private placement of 2.2 million Arribatec
shares at NOK 2.20 per share towards Giampiero Soncini, Chief Executive Officer
of IB Marine Group. The investment is subject to a three-year lock-up.
ENDS
For additional information, please contact:
Per Ronny Stav, CEO, Arribatec Solutions ASA: +47 994 42 378
About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a
customer centric engagement model, combined with a deep system, integration and
domain competence, Arribatec builds long term strategic partnership with a broad
customer base. Arribatec serves more than 450 large entities spread over 25
countries and various industries, both in the private and public sector. The
company employs over 300 people, taken announced acquisition into account, with
offices in 13 countries and is listed on the Oslo Stock Exchange under the
ticker code ARR.
https://newsweb.oslobors.no/message/523232